US House passes $1.15T defense bill
Analysis based on 40 articles · First reported Jul 22, 2026 · Last updated Jul 23, 2026
The passage of the NDAA signals continued high defense spending, benefiting defense contractors and related industries. However, the partisan divide and uncertain Senate approval create near-term uncertainty for markets.
The U.S. House of Representatives narrowly passed the fiscal 2027 National Defense Authorization Act (NDAA) on July 22, 2026, by a vote of 216-212, largely along party lines. The bill authorizes a record $1.15 trillion in defense spending, includes a provision to rename the Department of Defense to the Department of War, and provides for military pay raises of 5-7%. It also allocates $750 million for U.S.-Israel joint military projects, $73 billion for operations related to the Iran war, $12 billion for farmers affected by trade wars, and $10 billion for election-related programs. The bill faces an uncertain path in the Senate, where Democrats blocked a previous version. The White House supports the spending levels and the renaming but has concerns about certain provisions. The bill's passage was marked by deep partisan divisions over spending, the Iran war, and social policy riders.
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